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By Justin Pugsley |
February 13, 2013
At some point central banks will probably give up on QE, reasoning that the balance of risks outweighs positive outcomes. Until policy makers come to that conclusion, there's still a bullish case to be made for gold.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
January 25, 2013
Federal Reserve Chairman Ben S. Bernanke’s unprecedented bond buying pushed the Fed’s balance sheet to a record $3 trillion as he shows no sign of softening his effort to bring down 7.8 percent unemployment.
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By Joshua Zumbrun and Aki Ito, Bloomberg |
January 16, 2013
The U.S. economy picked up across much of the country last month, boosted by auto and home sales, even as the outlook for unemployment showed few signs of improvement, the Federal Reserve said.
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By Phil Flynn |
January 15, 2013
Chicago Fed President Charles Evans and cold weather boosted the petroleum markets. The sector is being led by European gas oil which is driving heating oil higher.
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By Lucy Meakin, Bloomberg |
January 9, 2013
The pound dropped below $1.60 for the first time in five weeks on speculation Bank of England officials meeting this week will signal they may introduce additional stimulus as the economy struggles to recover.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
January 4, 2013
The dollar fell from a three-week high versus the euro after data showed the U.S. unemployment rate was higher than forecast in December, fueling bets the Federal Reserve won’t end its stimulus efforts any time soon.
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By Bill Gross |
January 3, 2013
It was Milton Friedman, not Ben Bernanke, who first made reference to dropping money from helicopters in order to prevent deflation. Bernanke’s now famous “helicopter speech” in 2002, however, was no less enthusiastically supportive of the concept.
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By Steven K. Beckner |
December 20, 2012
The Federal Reserve rang out the old year with fireworks, but the New Year could be just as explosive. December FOMC meetings have traditionally been rather staid affairs, but not this past one.
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By Joe Richter, Bloomberg |
December 10, 2012
Gold futures rose for a third day, the longest rally in more than three months, amid speculation that the Federal Reserve will announce more bond purchases to spur the U.S. economy.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
November 20, 2012
Gold’s 12-year rally, the longest in at least nine decades, is poised to continue in 2013 as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever.
